Strategy. Risk. Pattern recognition. Wall Street pros often play poker, chess, blackjack and other games that rely on skills that are highly transferable to their work. What role does game theory play in the markets? And how are successful traders using it? Sonali Basak interviews Boaz Weinstein and Liv Boeree for Bullish.
00:00 Intro: Games of Risk and Wall Street
00:58 Boaz Weinstein in Atlantic City
01:49 Card Counting with Boaz Weinstein
02:38 How Card Counting Works
06:17 Closed-End Funds Defined
06:50 Closed-End Funds and Card Counting
09:01 Learning to Lose
10:28 The Final Hand
11:23 Poker With Liv Boeree & Galen Hall
12:34 Poker vs. Markets
14:49 The Rise of Data-Driven Poker
20:00 Gamification of Finance
20:50 Prediction Markets and Risk Literacy
Hosted by Bloomberg Global Finance Correspondent Sonali Basak, Bullish is an immersive journey through the high-stakes world of finance as seen by its titans and rising stars. Basak gets an up-close-and-personal view of this typically uncharted territory, revealing power structures, personalities and agendas on Wall Street and beyond –– and asks some hard questions along the way. Watch more: https://www.youtube.com/playlist?list=PLqq4LnWs3olXGUTmD-WTcIKRqV8tVqN_t
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